Florida

Florida Home Values & Market Trends

There have been 436,317 properties sold in the Florida real estate market trends. Median home values in the Florida housing market are $411,016.17. The median residential home value for transactions over the last 12 months is 350,142.307. The State of Florida currently has 45,951 properties in foreclosure, 929 bank owned properties, and 3,217 headed for auction.

Florida Real Estate Market Overview

CountyMedian Est. ValueCountyMedian Est. Value
Lee

$ 451,995

$ 265/sqft

Orange

$ 453,026

$ 245/sqft

Broward

$ 441,559

$ 311/sqft

Polk

$ 342,434

$ 193/sqft

Palm Beach

$ 516,277

$ 308/sqft

Collier

$ 746,075

$ 414/sqft

Miami-Dade

$ 584,857

$ 421/sqft

Marion

$ 310,529

$ 181/sqft

Pinellas

$ 460,408

$ 316/sqft

Pasco

$ 368,979

$ 219/sqft

Hillsborough

$ 425,829

$ 232/sqft

Charlotte

$ 405,445

$ 241/sqft

Volusia

$ 378,155

$ 234/sqft

St. Johns

$ 542,621

$ 264/sqft

Brevard

$ 378,957

$ 234/sqft

Manatee

$ 527,268

$ 284/sqft

Duval

$ 309,389

$ 193/sqft

Escambia

$ 327,072

$ 183/sqft

Sarasota

$ 484,928

$ 293/sqft

Citrus

$ 328,476

$ 189/sqft

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Housing Market Summary for Florida

Aug 2022August 2023Change
Median Listing Price$408.9K$391.3K-4.30%
Median Sold Price$380.1K$391.3K2.95%
Homes For Sale51,51752,6192.14%
Homes Sold351,521300,298-14.57%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Florida

There are currently 53,601 properties for sale in Florida. The current home value ranges in price from 1 to 88,000,000. The total count of properties in the state is 7,811,865, and the percentage of properties for sale is 53.84%.

Foreclosure
There are 67 counties within Florida; within these counties, the median estimated home value for homes in foreclosure ranges from $67,712,733 in Putnam to the lowest value of $27,432 in Putnam. Foreclosure homes account for 0.00% of properties in Florida with Miami-Dade containing 7946 foreclosures, the highest number of foreclosure properties in a single county.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.54% of all residential properties in Florida with Miami-Dade containing 7353 pre-foreclosures, the highest number of pre-foreclosure properties in a single county. There are 67 counties within Florida; of those counties, the estimated home value for pre-foreclosure homes ranges from $67,712,733 in Palm Beach to the lowest home value of $27,432 in Putnam.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Florida ranges from the highest value of $8,031,720 in Palm Beach to the lowest value of $36,560 in Madison. Bank owned homes and properties account for 0.01% of properties in Florida. There are 67 counties within Florida; Miami-Dade containing 95 REO properties, has the highest number of bank owned properties in a single county.
  • Auctions
    Miami-Dade has 498 auction properties, the highest number of properties going to auction in a single county in the state of Florida. Auction homes and other auction properties account for 0.04% of all properties in Florida. There are 67 counties within Florida; of those counties, the median estimated home value for homes going to auction ranges from $10,568,186 in Miami-Dade to the lowest value of $33,774 in Miami-Dade.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.69% of residential properties in Florida with Lee containing 4111 homes for sale, the highest number of listed properties in a single county. There are 67 counties within Florida; homes for sale in those counties, have a range of median values from $72,381,676 in Collier to the lowest value of $20,000 in Escambia.
    Sold Homes
    The median value for recently sold homes ranges from $105,426,459 in Palm Beach to the lowest price of $13,870 in Palm Beach. There are 67 counties within Florida. Broward has 25590 recently sold homes, the highest number of recently sold properties in a single county. Recently sold homes and properties account for 3.87% of properties in Florida.

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